One of the most controversial elements of Mifid II, the open access requirement for CCP’s and trading venues may not be implemented until 2020, as local regulators granted last minute extensions. The implementation of Mifid II has suffered a setback on the day it was due to be implemented, as German and UK regulators confirmed […]
Interest rate swaps are an integral part of the risk management of funds. In view of the impending Brexit, the German Investment Funds Association BVI therefore demands a shift of the clearing business for euro-denominated interest rate swaps to EU27. Not only is this required from a regulatory perspective, a shift, to Eurex Clearing for […]
Object Trading, a so-called direct market access (DMA) provider, and previously acquired by Vela, has selected global ethernet network, cloud and hosting provider BSO to provide low-latency internal connectivity for its data centres. BSO, headquartered in London, runs a global network in 20 countries, and 86 data centres, which provide its customers – financial services […]
LCH.Clearnet and Eurex will not accept clearing members’ own-name covered bonds as collateral despite a proposal to allow it from the European Securities and Markets Authority (ESMA).